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This document is the Initial Statement of Beneficial Ownership of Securities filed by Joshua Silverman, a Director at Makers Biosciences, Inc. on 09/06/2018.
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Form 3 is a regulatory document that must be filed by certain individuals and entities to report their securities ownership to the appropriate regulatory agency.
Individuals who are considered insiders of a company, such as officers, directors, and beneficial owners of more than 10% of a registered class of the company's equity securities, are required to file Form 3.
Form 3 can be filled out by providing required details such as the filer's name, address, relationship to the company, and the number of shares owned. It should be completed and submitted electronically through the relevant regulatory authority's filing system.
The purpose of Form 3 is to provide transparency in the securities market by disclosing insider ownership and any changes to such ownership, helping to prevent insider trading.
Form 3 must report the insider's name, relation to the company, the class of securities owned, the amount of securities owned, and any changes in ownership.
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